Việt Nam News

The Ministry of Finance will apply the technological achievements of the fourth industrial revolution (Industry 4.0) to build a smart governance foundation, provide financial services and participate in the development of digital economy.

Many heavyweight stocks declined towards the end of the Wednesday’s session, driving down the Hồ Chí Minh Stock Exchange’s VN-Index for a second day.

The green housing market needs support from the State, businesses and consumers to keep up with strong global development, experts said at a seminar on Wednesday in Hà Nội.

Việt Nam’s finance and banking sector has reduced its ratio of non-performing loans (NPLs) – including both NPLs owned by credit institutions and the Việt Nam Asset Management Company – from 17.2 per cent in 2012 to 6.7 per cent at the end of June 2018.

Sài Gòn Beer-Alcohol-Beverage Corporation (Sabeco) will advance shareholders a cash dividend of 15 per cent next month, the company has announced.

Toll fees on Bạch Đằng Bridge connecting the northern coastal province of Quảng Ninh and the port city of Hải Phòng will start at the beginning of October.

Masan Resources Corporation’s management board has approved the issuance of a maximum of 10 million bonds worth total VNĐ1 trillion (US$43 million), the company announced.

The Ministry of Transport has agreed to upgrade Thọ Xuân Airport in the central province of Thanh Hóa to an international terminal.

The Việt Nam National Petroleum Group (Petrolimex) asked the Government for permission to halt the Nam Vân Phong oil refinery project on Tuesday, local media reported.

Total import-export tax revenue collected through e-payments reached VNĐ191.15 trillion (US$9.2 billion), accounting for 95 per cent of the total revenue to the State budget, from January 1, 2018 to September 5, 2018.

Several commercial banks have unexpectedly cut deposit interest rates by 0.1-0.2 percentage points per year due to limited credit growth.

A promotional event was held in New Delhi, India on September 25 to advertise dragon fruit from the south central province of Bình Thuận in an effort to expand ties between agricultural exporters from Việt Nam and India.

The Ministry of Industry and Trade has given permission for Nghi Sơn Oil Refinery and Petrochemical LLC to export fuel products from its new plant, which is operating on a trial basis.

The Phú Quốc administration seeks to make the island a special economic zone.

Việt Nam’s seafood industry hopes to get a “green card” from the European Commission soon after succeeding in its efforts to fight illegal, unreported and unregulated fishing, but fishermen’s attitudes need to be addressed, a conference heard in HCM City yesterday.

Hospitality property owners and developers in Việt Nam should apply green and sustainable architecture and design to respond to the effects of climate change, experts said at a hotel and resort conference which closed on September 25 in HCM City.

Kuwait and the United Arab Emirates are seeking greater trade and business collaborations with Việt Nam, their officials told a trade facilitation conference in HCM City yesterday.

Viettel Global Investment Corporation (Viettel Global) debuted on the Unlisted Public Company Market (UPCoM) on Tuesday.